SOAVX vs. SOAMX
SOAVX (Spirit of America Large Cap Value Fund) and SOAMX (Spirit of America Municipal Tax Free Bond Fund) are both mutual funds - SOAVX is a Large Cap Blend Equities fund managed by Spirit of America, while SOAMX is a Municipal Bonds fund managed by Spirit of America. Over the past 10 years, SOAVX returned 15.50%/yr vs 1.22%/yr for SOAMX. At a correlation of -0.10, they often move in opposite directions. SOAVX charges 1.50%/yr vs 0.92%/yr for SOAMX.
Performance
SOAVX vs. SOAMX - Performance Comparison
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Returns By Period
In the year-to-date period, SOAVX achieves a 13.44% return, which is significantly higher than SOAMX's 1.63% return. Over the past 10 years, SOAVX has outperformed SOAMX with an annualized return of 15.50%, while SOAMX has yielded a comparatively lower 1.22% annualized return.
SOAVX
- 1D
- 1.13%
- 1M
- 0.50%
- YTD
- 13.44%
- 6M
- 13.01%
- 1Y
- 29.96%
- 3Y*
- 24.60%
- 5Y*
- 16.44%
- 10Y*
- 15.50%
SOAMX
- 1D
- 0.12%
- 1M
- 1.61%
- YTD
- 1.63%
- 6M
- 2.06%
- 1Y
- 6.00%
- 3Y*
- 2.82%
- 5Y*
- 0.17%
- 10Y*
- 1.22%
SOAVX vs. SOAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SOAVX Spirit of America Large Cap Value Fund | 13.44% | 17.76% | 33.24% | 25.72% | -17.65% | 29.26% | 15.55% | 29.54% | -7.87% | 20.22% |
SOAMX Spirit of America Municipal Tax Free Bond Fund | 1.63% | 3.92% | 1.08% | 3.92% | -9.30% | 0.90% | 3.56% | 5.07% | 0.99% | 4.76% |
Correlation
The correlation between SOAVX and SOAMX is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2008 | -0.10 |
The correlation between SOAVX and SOAMX shifts across timeframes, from -0.10 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SOAVX vs. SOAMX — Risk / Return Rank
SOAVX
SOAMX
SOAVX vs. SOAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spirit of America Large Cap Value Fund (SOAVX) and Spirit of America Municipal Tax Free Bond Fund (SOAMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SOAVX | SOAMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.63 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | 2.75 | +0.67 |
| Martin ratioReturn relative to average drawdown | 12.68 | 11.21 | +1.48 |
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Drawdowns
SOAVX vs. SOAMX - Drawdown Comparison
The maximum SOAVX drawdown since its inception was -47.48%, which is greater than SOAMX's maximum drawdown of -27.48%. Use the drawdown chart below to compare losses from any high point for SOAVX and SOAMX.
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Drawdown Indicators
| SOAVX | SOAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.48% | -27.48% | -20.00% |
Max Drawdown (1Y)Largest decline over 1 year | -8.63% | -2.19% | -6.44% |
Max Drawdown (3Y)Largest decline over 3 years | -20.96% | -5.91% | -15.05% |
Max Drawdown (5Y)Largest decline over 5 years | -25.31% | -14.12% | -11.19% |
Max Drawdown (10Y)Largest decline over 10 years | -34.22% | -14.12% | -20.10% |
Current DrawdownCurrent decline from peak | -1.44% | 0.00% | -1.44% |
Average DrawdownAverage peak-to-trough decline | -6.22% | -5.21% | -1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 0.54% | +1.78% |
Volatility
SOAVX vs. SOAMX - Volatility Comparison
Spirit of America Large Cap Value Fund (SOAVX) has a higher volatility of 5.45% compared to Spirit of America Municipal Tax Free Bond Fund (SOAMX) at 0.72%. This indicates that SOAVX's price experiences larger fluctuations and is considered to be riskier than SOAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOAVX | SOAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.45% | 0.72% | +4.73% |
Volatility (6M)Calculated over the trailing 6-month period | 11.29% | 1.90% | +9.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.24% | 2.48% | +11.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.75% | 3.48% | +14.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.47% | 3.24% | +15.23% |
SOAVX vs. SOAMX - Expense Ratio Comparison
SOAVX has a 1.50% expense ratio, which is higher than SOAMX's 0.92% expense ratio.
Dividends
SOAVX vs. SOAMX - Dividend Comparison
SOAVX's dividend yield for the trailing twelve months is around 8.19%, more than SOAMX's 3.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOAMX Spirit of America Municipal Tax Free Bond Fund | 3.45% | 3.11% | 2.13% | 1.48% | 1.48% | 1.95% | 2.53% | 2.90% | 3.23% | 3.15% | 3.30% | 3.48% |
SOAVX Spirit of America Large Cap Value Fund | 8.19% | 9.29% | 6.42% | 5.31% | 9.80% | 6.68% | 5.72% | 6.21% | 7.56% | 5.56% | 6.31% | 3.20% |
Frequently Asked Questions
SOAVX and SOAMX have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOAVX has higher volatility (5.45%) compared to SOAMX (0.72%). In terms of maximum drawdown, SOAVX dropped -47.48% vs SOAMX's -27.48%.
SOAMX currently has the higher Sharpe Ratio (2.43 vs 2.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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